Springfield Nuclear Energy Inc. bonds are currently trading at $1,423.12. The bonds have a face...
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Springfield Nuclear Energy Inc. bonds are currently trading at $1,423.12. The bonds have a face value of $1,000, a coupon rate of 11% with coupons paidannually, and they mature in 15 years. What is the yield to maturity of thebonds?
The yield to maturity of the bonds is ? Please answer and explain
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